just around the corner, republicans and democrats are raising the stakes as senate democrats celebrate the passage of their major spending legislation, republicans also gain an edge of sorts by forcing democrats to vote and show their cards on several key midterm issues. moderates appear to be left with a bad hand. republicans are preparing to up the ante with plans to target moderates in november and beyond in 2024. congressional correspondent asha has any is on capitol hill with our report. good evening, asha. good evening to you, mike. that s right, senators are headed back home for the august recess. handing the baton to the house which is expected to vote on this massive tax and spending plan on friday. republicans in the meantime promising democrats will pay the price in the midterms. [cheers] it was a feat some didn t think was possible. i put in one word persistence. even republican senator josh hawley tweeting tonight i will give the dems this with a 50/50 se
ohio republican joins us with his thoughts on that bill that lands us in the house this week. also, china, intensifying off the coast of taiwan after speaker nancy pelosi s visit there last week. beijing is also suspending climate and military talking cooperation. mayor eric adams is slamming texas governor after more migrant buses arrived in new york city today. the latest on actress anne heche who is reportedly in stable condition after a bizarre car crash in los angeles on friday. we are now hearing from the woman that lost virtually everything in the fire with a wrecked car. charles watson is standing by with the latest. we spoke with lynn michelle. the woman that lived inside the home. michelle was clearly still rattled by the situation. she did not want to do an interview on camera. she said she was completely overwhelmed by the situation and felt lucky she was still alive. she had been having a normal day moments before a series of incidents that s all anne heche dri
process about $290 billion and in addition, also changes the circumstance for people on medicare by putting a cap of a maximum $2,000 a year they have to pay no more than $2,000 a year no matter how many prescriptions they have. for all the prescription drugs. which is especially important for people with cancer, and long-term diseases. it s a god send. literally be a god send for many families. second, the bill locks in place lower health care premiums for the next three years for millions of families that get coverage under the affordable care act. average savings of $800 a year for 13 million people. third, invests $369 billion, granted i call for 500 plus, but invests $369 billion to secure energy future and address the climate crisis, bringing down family energy bills by hundreds of dollars by providing working families tax credits. it gives folks rebates to buy new and efficient appliances and weatherize their homes, and tax cuts for heat pumps and rooftop solar, and ta
so i m not worried about it. over the long-term, it will be okay. i don t want to look. bye, bye, bye, i guess. i feel bad for anyone that is 65. i have good financial advisers. i m sure they ll manage it. keep those things in mind. for someone like me, my time runs out 25 years from now. so more or less be patient. short term, you know, it s not great. long-term it s going to go up and down like it always does. it will be back eventually. we ve been burning long and hot for a long time. we ve been overdue for this. neil: so are we coming out of a rough patch or should investors brace for more? we have you covered. we always do with jackie deangelis on what could be a hot summer for investors. charlie gasparino on why elon musk might have it right and if a gas tax holiday will be the savior. welcome. i m neil cavuto. thanks very much for joining us. we had a busy world today. we have the latest from jackie deangelis on what s going on with the markets and the econom
this, of course, despite his promise to make saudi, quote, a pariah state. all this as the federal reserve is expected to announce its biggest hike in decades. john harwood is live in philadelphia. john, there is a lot at stake for the president. reporter: a lot at stake, erica, for the president. a lot at stake for the country. as we ve seen underscored by the january 6th committee hearings. the president s biggest political problem is negative public sentiment about high inflation. as you indicated, he is going to say that this is his top priority. mostly a job for the federal reserve, but he s also going to do what he can to try to make a difference on the margins. that s why he is going to swallow his statements about making saudi arabia a pariah and meet with the crown prince, mbs, on a visit in a few weeks. that s in hopes of expanding saudi oil production and getting gas prices down a little bit. he s also here before this friendly audience to talk about the positi